what price should a shopkeeper mark on an article that cost him 600 to gain 20%after allowing a discount of 10%
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Answer - 800
Explanation -
Cost Price is 600 and we have to make 20% profit by selling it so our Selling Price will be 600 + 20%of 600 = (600 + 120) =720
Further we have to make Marked Price such that when we will give 10% discount, it will make our Selling Price, So. (720 / 90)*100 = 800 Answer
You can verify it..
Explanation -
Cost Price is 600 and we have to make 20% profit by selling it so our Selling Price will be 600 + 20%of 600 = (600 + 120) =720
Further we have to make Marked Price such that when we will give 10% discount, it will make our Selling Price, So. (720 / 90)*100 = 800 Answer
You can verify it..
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